Palo Alto Networks to acquire Demisto for $560M

Palo Alto Networks to acquire Demisto for $560M

5 years ago
Anonymous $Dftgs0JzgE

https://techcrunch.com/2019/02/19/palo-alto-networks-to-acquire-demisto-for-560m/

Palo Alto Networks announced today that it intends to acquire security startup, Demisto, for $560 million.

The company sees a tool that can help enhance the Palo Alto security portfolio by adding a higher level of automation. “The addition of Demisto’s orchestration and automation technologies will accelerate Palo Alto Networks Application Framework strategy and serve as a critical step forward in the company’s aim to deliver immediate threat prevention and response for security teams,” the company explained in a statement.

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